Is the Market Turning?
House Hunting? It’s Not a Buyer’s Market Everywhere
By Chip Jacobs, Los Angeles Times
5-7-2009
Prices have come down, but not as much as you might think. Eighty offers poured in for one house. Competition can be fierce. Although the median price in Southern California may have plummeted, homebuyers are still engaging in bidding wars in more desirable neighborhoods.
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